GovCon Acronym Decoder
Government contracting runs on shorthand. Search any acronym and get a plain-English definition, when you will run into it, whether you need one, and where it comes from.
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1 of 172 terms matching "TINA"
Truthful Cost or Pricing Data Act
Requires certified cost or pricing data on certain non-competitive awards above a threshold, and allows the government to reduce the price if the data was defective.
When you see it
On sole source awards and large modifications.
Do you need it
Most small commercial buys are exempt, but know when the threshold applies.
Where it comes from
10 U.S.C. and 41 U.S.C., implemented in FAR Subpart 15.4.
Truthful Cost or Pricing Data Act
Requires certified cost or pricing data on certain non-competitive awards above a threshold, and allows the government to reduce the price if the data was defective.
When you see it
On sole source awards and large modifications.
Do you need it
Most small commercial buys are exempt, but know when the threshold applies.
Where it comes from
10 U.S.C. and 41 U.S.C., implemented in FAR Subpart 15.4.
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